LVMH denies Hermes shakeup

>> Some rumors have the Dior job signed and sealed — with Riccardo Tisci at the helm — but according to LVMH head Bernard Arnault, as of this morning, no decision had been made about John Galliano 's replacement. "We're thinking," he said at the Louis Vuitton show. Suzy Menkes reports: "People...

ON HIS way to creating the world's biggest luxury group and becoming the richest man in France, Bernard Arnault has made a career of swallowing grand, family-owned businesses. Over the years he has picked many a fight with founders of luxury firms, or their heirs, who were unwilling to sell....

shady purchase of a large chunk of Herm��s shares last month, to which Herm��s has reacted with a series of amusing insults and questionably legal business maneuvers of its own. For their own part, LVMH has remained quiet throughout the controversy except to assure everyone that they're...

"
It sounds like the feeling is mutual from Louis Vuitton head Bernard Arnault. "I could have asked many other talented designers to do Dior , but it would not have been the same," Arnault told Tatler Asia . "Take Marc Jacobs, he has been a fantastic success at Vuitton, and he has a...

LVMH CEO Bernard Arnault is a powerful guy. A really powerful guy. So powerful, in fact, that he hung out with President Obama, Hillary Clinton, and Tony Blair when he made his rounds in DC last week.
The mogul was in town receiving the Corporate Citizenship award from the Woodrow Wilson...

Handbags at Dawn: LVMH vs. Hermes Bernard Arnault, the aggressive, expansionist head of mighty luxury conglomerate LVMH, sent shockwaves through the fashion and luxury world late last month, when he suddenly announced that his firm had quietly acquired 14. 2% of Hermès, the last large,...

×
RODEO DRIVE—LVMH chief exec and billionaire Bernard Arnault has purchased a storefront on tony Rodeo Drive for a cool $85 million. The LA Business Journal reports that this is probably the most anyone has ever paid (per square foot) for a Rodeo property. There's no word yet as to what he's...

>> Despite
reports late last week that LVMH was considering re-hiring John Galliano to design for his eponymous label, it's not happening. LVMH chief Bernard Arnault laid any rumors to rest on Saturday, when hesaid of Galliano: "He will not be working for LVMH." Arnault added that after...

Bernard Arnault leads the richest lot of France by maintaining the number one position with a fortune of $38.6 billion. Luxury goods tycoon oversees an empire of 60 brands including Dom Perignon, Bulgari, Louis Vuitton, Fendi and Sephora, all under the umbrella of LVMH. The 66 year old...

, the Fondation Louis Vuittonwill enable a broad public to enjoy a multitude of artistic creations, deepening LVMH's ongoing commitment to promoting culture. Devoted to contemporary art, the charitable museum will welcome the public for free for three days via reservation ahead of the official...